Thread regarding Schlumberger Ltd. layoffs

Gas $ UP!

Maybe good or who knows but oil went up last week a little and today I saw gas in South Texas at $1.77/Gallon at Walmart.

Wishing all the best.

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| 691 views | | 2 replies (last March 29, 2016) | Reply
Post ID: @OP+GwBVtRW

2 replies (most recent on top)

Gas is only up due to

  1. refinery maintenance

  2. getting ready for summer blends

There's still a glut of crude.

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Post ID: @8kwh+GwBVtRW

Oil price has nothing to do with a recovery..if they can't sell at less than $30/barrel then they are not going to sell at $40. There is too much oil and not enough is being used. This will continue for years.

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Post ID: @2vol+GwBVtRW

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